INJURITY: Journal of Interdisciplinary Studies
Vol. 4 No. 1 (2025): INJURITY: Journal of Interdisciplinary Studies.

EVALUATION OF PROJECT COST AND TIME USING EARNED VALUE APPROACH: A CASE OF MILITARY INFRASTRUCTURE PROJECT

Nazaruddin, Nazaruddin (Unknown)
Nugroho, Laksono Djoko (Unknown)
Muhammadun, Haris (Unknown)



Article Info

Publish Date
13 Jan 2025

Abstract

This research aims to optimize the performance of construction projects at Yohanis Kapiyau Airbase so that the work can be completed on time, meet quality standards, and in accordance with the predetermined budget. This research addresses key questions regarding the evaluation of project cost and time control, specifically examining project cost performance through Cost Variance and Cost Performance Index (CPI) indicators, as well as project time performance using Schedule Variance (SV) and Schedule Performance Indices (SPI) indicators. The implementation of the Earned Value Management (EVM) method has proven its effectiveness as an analytical instrument that integrates cost and cost dimensions comprehensively. Through the comprehensive analysis that has been conducted, the method successfully identified with precision that the fundamental challenge of the project lies in the aspect of time management, while cost management shows excellent efficiency. It can be concluded that the achievement of excellent cost efficiency has a positive impact on the overall project performance. Based on the results of the comprehensive evaluation, several strategic recommendations can be formulated for the optimization of project implementation in the future.

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Journal Info

Abbrev

inj

Publisher

Subject

Economics, Econometrics & Finance Education Engineering Public Health Social Sciences

Description

INJURITY - Interdiciplinary Journal and Hummanity provides a means for sustained discussion of relevant issues that fall within the focus and scopes of the journal which can be examined empirically. This journal publishes research articles in multidisciplinary sciences, which includes: Humanities ...